Sandeep Nayak
Account Executive
Bengaluru
Summary
Dedicated professional with 5+ years of experience in the Accounts Payable domain. Expertise in invoice processing (PO and NON PO), payments reporting, reconciliations, and month-end activities. A quick learner who thrives on challenges and translates knowledge into action.
Overview
5
5
years of professional experience
3
3
years of post-secondary education
Work History
Accountant Executive
Reliance Retail Limited
2023.12 - 2024.05
- Managed end-to-end Purchase Order (PO) creation, approval workflows, and Goods Receipt/Invoice Receipt (GR/IR) postings in SAP, ensuring accuracy and timely execution.
- Verified and processed vendor invoices, handling both PO and non-PO based transactions, with a thorough understanding of the 3-way match process (PO, GRN, invoice).
- Conducted accounts payable (AP) reconciliation, ensuring correct vendor balances, timely payments, and addressing discrepancies.
- Executed payment runs via SAP F110, ensuring timely disbursement to vendors and managing exception handling.
- Led intercompany invoicing processes, ensuring accurate billing and compliance with internal policies.
- Ensured GST compliance, calculating and applying withholding taxes, while verifying GST inputs on invoices.
- Analyzed vendor payment cycles, optimized payment schedules, and ensured smooth processing of non-PO invoices.
Associate Accountant
ITC Limited
2021.11 - 2023.12
- Managed vendor master data, including vendor names, addresses, and payment terms, ensuring data accuracy and compliance in SAP.
- Utilized SAP for MIGO, GRN Receipt, Payment Run, and vendor invoice processing, ensuring smooth financial operations and accurate postings.
- Led accounts payable processes, including invoice verification, matching (PO, Non-PO, Credit Notes, Debit Notes), and reconciliation, ensuring accurate record-keeping.
- Prepared and maintained detailed reports on outstanding invoices, payments due, and vendor balances, providing critical insights to the finance team.
- Verified vendor invoices against purchase requisitions and ensured the creation of accurate purchase orders (PO), managing procurement efficiently.
- Processed vendor invoices in SAP, matching them with purchase orders and goods receipts, coding accounts appropriately, and securing necessary approvals for timely payments.
- Created and executed payment runs in SAP, ensuring compliance with vendor agreements and timely payment in accordance with established terms.
Accountant
SUSHIL BAHUUDDESHIYA SHIK SHAN SANSTHA
2019.05 - 2021.08
- Managed day-to-day accounting operations, including record maintenance of vouchers, receipts, bills, and payments, ensuring accurate and timely processing.
- Prepared and analyzed financial statements, providing key insights for management decision-making.
- Handled journal entries, ensuring proper recording of all transactions and maintaining accuracy in the general ledger.
- Led the month-end and year-end closing processes, reconciling accounts, preparing financial reports, and ensuring compliance with internal controls.
- Managed accounts payable and receivable functions, ensuring timely processing of invoices, payments, and collections.
- Conducted bank reconciliations to verify transactions and maintain accurate cash balances.
- Generated MIS reports, providing financial insights and performance metrics to senior management.
- Filed GST returns (GSTR-1, GSTR-3B, GSTR-2A/2B) and ensured timely compliance with all tax regulations, including GST, TDS, and Income Tax.
- Oversaw petty cash management, ensuring proper usage and reconciliation of funds.
- Ensured tax compliance by managing filings and remittances for GST, TDS, and Income Tax, adhering to all statutory requirements.
Education
Bachelor of Commerce - Accounting And Finance
Berhampur University
Berhampur 2012.04 - 2015.04
Skills
- SAP Fico
- MS Office
- NEFT
- DD
- Manual RTGS
- Cheque
- Accounts Receivable
- Invoice Processing and Accounts Payable
- Reconciliation of invoices with purchase orders and receipts
- MIGO
- GR/IR
- BRS
- Vendor management
- PO and Non PO
Languages
Odia
Hindi
English
Timeline
Accountant Executive
Reliance Retail Limited
2023.12 - 2024.05
Associate Accountant
ITC Limited
2021.11 - 2023.12
Accountant
SUSHIL BAHUUDDESHIYA SHIK SHAN SANSTHA
2019.05 - 2021.08
Bachelor of Commerce - Accounting And Finance
Berhampur University
2012.04 - 2015.04
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